Insights

CMS Finalizes Medicare Payment Cuts to Be $130 Million in 2017

Posted on Tuesday, November 1, 2016 3:25 PM

According to the Centers for Medicare & Medicaid Services (CMS), home health agencies can expect Medicare payments in 2017 to be reduced by $130 million. Earlier this year, CMS announced that health care payments would be reduced by $180 million in 2017. However, the numbers prove to be less than CMS projected.

Once the proposed payment changes were announced in June, the Medicare agency increased the home health payment update from 2.3% ($420 million) to 2.5% ($450 million).